In a recent report co-authored by the Global Financial Markets Association (GFMA), Boston Consulting Group, Clifford Chance, and Cravath, Swaine & Moore, it has been emphasized that distributed ledger technology (DLT) can bring “transformative benefits” to capital markets. However, the report stresses the need for regulators to adopt a more innovative approach to fully realize its potential.
The report extensively evaluates the opportunities and risks associated with DLT and DLT-based securities, while also examining the applicability of existing legal, regulatory, and risk management frameworks. It particularly focuses on three emerging use cases: collateral management, asset tokenization, and sovereign and quasi-sovereign bonds.
The implementation of DLT in capital markets holds the promise of significant cost savings and operational efficiency benefits, such as an estimated annual reduction of approximately $20 billion in global clearing and settlement costs. Furthermore, it has the potential to drive innovation-led growth, enhance market access, and create new liquidity pools when deployed on a larger scale.
Despite the immense potential, DLT has witnessed limited adoption in the sector, prompting the GFMA to call for action from both market participants and regulators alike.
The organization advocates for the establishment of harmonized global regulatory and legal frameworks, consensus on common standards to enhance interoperability, commitment of resources, collaboration, and the development of DLT-based payment options.
Adam Farkas, Chief Executive of GFMA, emphasizes the significance of DLT as a catalyst for growth and innovation, urging policymakers not to ignore or restrict its potential when regulatory oversight and resiliency measures are already in place. Farkas stresses the importance of creating a regulatory framework that promotes financial stability and responsible innovation in digital asset markets, while ensuring a level playing field for both new market entrants and regulated financial institutions. A technology-neutral and outcomes-based approach to regulation is deemed crucial.
Overall, the GFMA report underscores the urgent need for regulators to embrace a more forward-thinking and adaptable stance towards DLT in order to harness its transformative potential within capital markets.
Best Chromebook: Google Pixelbook Go
Tech Specs
- 13.3-inch LCD touchscreen display
- Intel Core i5-1135G7
- 256 GB SSD
- 8GB DD4 Ram
- 12.5 battery hours
- 3.1 Pound
Who these are for: Students, people who need only basic features, and anyone who wants a cheap laptop to use as a second PC.
Why we liked the Google Pixelbook Go!
The Google Pixelbook Go is a beautiful package, from the gorgeous 13.3 inch touchscreen display and accurate keyboard to the 12-hour battery. It costs a few hundred dollars less than our top ultrabook pick and has nearly identical specs.
And unlike most cheap ultrabooks, the notebook is sturdy, has a fingerprint reader, and comes with a convenient and easily replaceable USB-C charger.
Disclaimer: Prices are at time of the review and subject to change.
Best MacBook: Apple rMBP 16-inch
Tech Specs
- 16-inch LCD touchscreen display
- Intel Core i5-1135G7
- 512GB SSD
- 16GB DD4 Ram
- 10.5 battery hours
- 2 Pounds
Who these are for: If you prefer macOS or need limited tech support, a MacBook is a safe bet. The 16-inch models usually offer the best performance of size, weight, and speed. They’re great for writers, office workers, commuters, and college students.
Why we liked the 16-inch Model:
The 2021 MacBook Air uses an Apple M1 chip that delivers great performance and fantastic battery life. And the keyboard is finally improved with the new switches. But the Air’s light weight, solid construction, and industry-trailing support make it a decent laptop, especially if you also own an iPhone or other Apple devices.
Disclaimer: Prices are at time of the review and subject to change.
As you’re tapping, scrolling, and swiping on your phone, you probably don’t give much thought to the fact that your apps are consuming electricity – just that they’re chipping away at your battery life.
Before you click away, disappointed that I brought up something as practical and boring as time management, hear me out. My intent is not to crush your spirits.
Only a quarter of young adults are financially literate. You don’t want to overwhelm them with terrible advice. Best to keep them on track.
JOHN MCCARTHY
The average U.S. iPhone owner uses 1-2 gigabytes of LTE data per month, according to some studies. That data comes at an energy cost that’s opaque, because we can’t see it directly.
You can’t look to your peers in the industry, because all they’re going to tell you is that they are killing it, crushing it, changing the world.
Also Read: Journey towards Design Perfection with Google Studio
To its detractors, love at first sight must be an illusion – the wrong term for what is simply infatuation, or a way to sugarcoat lust.
- Take a social media hiatus. According to a recent survey from Everyday Health, 60 to 70 percent of young adults say they check their social media platforms at least daily. Why not dial that back for the holidays?
- Stick to your new routine. It’s tempting to shake up your typical schedule when the holidays come around, but women’s health expert and BINTO founder Suzie Welsh emphasizes the importance of routine amid the revelry.
- Be intentional about fitness. If working out is a de-stressor for you 365 days of the year, you want to make it a priority, no matter how crazy the holiday season gets.
1. There is always the New Project, the New Opportunity.
Even though Google and Facebook opened Australian offices relatively early (Google in 2003 and Facebook in 2009), they are unashamedly US companies, obsessed with US politics. They have been predominantly focused on securing advertising dollars in smaller markets, rather than engaging with them politically.
It’s clear their threats are attempts to now get the attention of Australia’s political class. And if the platforms follow through.
2. To be successful, follow your passion and see where it leads you. All you have to do is jump right in!
Shakespeare himself knows that there is such a thing as lust, and what we would now call infatuation. He’s no fool. People who exhibit the perfectionism are fearful of failure.
Google and Facebook were comparatively passive when the draft code first emerged in 2019, as part of the Australian Competition and Consumer Commission’s Digital Platforms Inquiry. Providing advance notice of any changes.
Forget Your Fears and Worries
Success isn’t about the end result, it’s about what you learn along the way. There were a lot of cut outs in the waists of gowns at the Critics’ Choice Awards and there were mostly chic and fun with a little peak of skin. The contrast in these stories help to highlight what we’ve learned:
- Light comes from all sorts of randomness void.
- It’s a blessing, but also a terrible defect sensational.
- Smart phones are a massive energy drain.
- Buy SmartMag for your successful site.
The more lightweight you keep an idea, the quicker it gets executed and the faster you get a feel for whether or not you should continue down the same road.
We’d love to show you how to make a great living as a writer. Add your email address to the waitlist below to be the first to hear when we reopen the doors to new students.
